FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information. The purpose is to help businesses navigate challenges, operate more efficiently and develop new growth opportunities.
Without disclosing specifics, the Memphis, Tenn., package delivery company is making a financial investment in Chicago-based FourKites.
In a statement announcing the alliance, the companies said events such as the pandemic, ongoing geopolitical issues, port congestion and other disruptions to the world economy have revealed the challenges and complexities in keeping the world’s interconnected supply chains running smoothly.
